John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) Short Interest Up 201.2% in July

John Hancock Multifactor Small Cap ETF (NYSEARCA:JHSC) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 32,115 shares, a growth of 201.2% from the June 30th total of 10,663 shares. Based on an average trading volume of 62,913 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its stake in shares of John Hancock Multifactor Small Cap ETF by 170.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 574,595 shares of the company’s stock worth $24,047,000 after acquiring an additional 362,208 shares in the last quarter. Bank of America Corp DE boosted its holdings in John Hancock Multifactor Small Cap ETF by 4.6% in the first quarter. Bank of America Corp DE now owns 2,238,444 shares of the company’s stock valued at $96,007,000 after purchasing an additional 98,921 shares during the last quarter. Raymond James Financial Inc. grew its position in John Hancock Multifactor Small Cap ETF by 696.0% during the 2nd quarter. Raymond James Financial Inc. now owns 99,648 shares of the company’s stock worth $3,891,000 after purchasing an additional 87,129 shares during the period. Money Concepts Capital Corp acquired a new stake in John Hancock Multifactor Small Cap ETF during the 1st quarter worth about $2,682,000. Finally, Sims Investment Management LLC raised its stake in shares of John Hancock Multifactor Small Cap ETF by 8.5% during the 1st quarter. Sims Investment Management LLC now owns 349,386 shares of the company’s stock valued at $14,985,000 after buying an additional 27,440 shares during the last quarter.

John Hancock Multifactor Small Cap ETF Stock Up 0.5%

NYSEARCA:JHSC traded up $0.23 during midday trading on Tuesday, hitting $48.73. The stock had a trading volume of 135,116 shares, compared to its average volume of 45,803. The stock has a 50-day moving average of $47.64 and a 200 day moving average of $45.83. The company has a market capitalization of $721.20 million, a price-to-earnings ratio of 15.76 and a beta of 1.00. John Hancock Multifactor Small Cap ETF has a one year low of $38.59 and a one year high of $48.87.

John Hancock Multifactor Small Cap ETF Company Profile

The John Hancock Multifactor Small Cap ETF (JHSC) is an exchange-traded fund that is based on the John Hancock Dimensional Small Cap index. The fund tracks an index of US small-cap stocks selected by relative price and profitability. Securities are weighted by multiple factors relative to their sector peers. JHSC was launched on Nov 8, 2017 and is managed by John Hancock.